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18.Which of the following is an important assumption required if using the WACC formula? a. Companies rebalance their capital structure to maintain a constant debt
18.Which of the following is an important assumption required if using the WACC formula? a. Companies rebalance their capital structure to maintain a constant debt ratio. b. WACC must be used on public companies with actively traded securities. 0. Management bonuses must be added back to free cash flows. d. The firm cannot issue any further debt. Explanation
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